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Trades about 46% below its sector, cheaper than its peers on earnings.
Cenit AG operates as a German IT consulting and software company, providing specialized solutions to the manufacturing and financial service industries. The firm's activities are structured into two core segments: Product Lifecycle Management (PLM) and Enterprise Information Management (EIM). For PLM, Cenit offers a robust portfolio of software, encompassing Dassault Systèmes' 3DEXPERIENCE platform for collaborative communication and data visualization, CATIA for advanced product design and multidisciplinary engineering, SIMULIA for virtual simulation and optimization, and ENOVIA for managing engineering processes. It also provides DELMIA for production planning and control, EXALEAD for large-scale data aggregation and analysis, and 3DCS for detailed virtual prototype analysis. Additionally, its proprietary cenitFLEX+ software simplifies system infrastructure management. Beyond these platforms, Cenit delivers digital factory solutions and a suite of SAP services, which include process management, engineering and platform integration, data exchange, master data management, and application management for PLM systems. In the EIM segment, offerings span comprehensive 360-degree customer communication, tools for efficient document and transaction processing, solutions for application modernization and migration, and capabilities for planning, predictive analytics, and reporting. Founded in 1988 and based in Stuttgart, Germany, the company was formerly known as CENIT Aktiengesellschaft Systemhaus, changing to its current name in May 2010.
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